Economics from The National Review
March 14, 2016
KEVIN WILLIAMSON, of The National Review, in an article now widely considered to be the ultimate in elitist sneering and Nazi comparisons, dismisses the concerns of Americans who say immigration has negatively affected their economic prospects. He says these concerns are “wholly bunk.” The problem with working class communities is moral decline, not economics.
In reality, the problem is both. Williamson so grossly misrepresents the economic picture, one has to wonder whether he is living in another country:
On the trade front, American manufacturing continues to expand and thrive — an absolute economic fact that is, perversely, unknown to the great majority of Americans, who believe precisely the opposite to be the case. Americans have false beliefs about manufacturing for a few reasons: One is that while our factories produce much more than in the past, they employ fewer people; another is that we tend to produce capital goods and import consumer goods — you won’t see much labeled “Made in the USA” at Walmart, but you’ll see it on everything from the aircraft flown by foreign airlines to the robotics in automobile factories overseas. Read More »